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Indian Restaurant and 2-Bed Flat for Sale in Sheffield with Sponsor Licence Available

Sheffield, South Yorkshire, ID 149574

Indian Restaurant and 2-Bed Flat for Sale in Sheffield with Sponsor Licence Available 1
Indian Restaurant and 2-Bed Flat for Sale in Sheffield with Sponsor Licence Available 1
Asking price:
GBP £120 000
Turnover (per year): £338 000 gbp
Owner
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Description

PROOF OF FUNDS REQUIRED: All prospective buyers must provide proof of funds before arranging a viewing. MAIN DETAILS 2-Bedroom Flat & Sponsor Licence Located in an affluent village in Sheffield Area: 1,150.66 sq. ft with approximately 50 covers Premises licence in place Street parking available LANDLORD’S REQUIREMENTS Guarantor may be required (subject to references) Three months’ rent deposit required (subject to references) Other standard checks will be carried out LEASE DETAILS Lease: Expires June 2029 Option for a new lease (subject to references) Rent: £30,000 per annum exclusive Premium: £120,000 (Business, Lease & fixtures and fittings) THE FLAT (UPPER PART) 2-bedroom flat for staff accommodation Separate rear access THE PREMISES Area: circa 1,150.66 sq. ft Covers: circa 50 Includes gas and extraction Premises licence in place Three-phase electricity available Rateable Value: £21,750 Payable Rates: Approximately £10,853.25 per annum (may change) THE BUSINESS Gross Revenue: Reported at approximately £338,000 per annum (£6,500/week) Managed by the owner with 2 full-time staff and 1 part-time staff member THE LOCATION Affluent village in Sheffield Street parking available VIEWINGS & CONFIDENTIALITY All interested buyers must provide proof of funds to meet the premium and landlord’s requirements. All buyers must sign a Non-Disclosure Agreement due to client confidentiality. Viewings strictly through Restaurant Property Sellers only. Use of the website indicates agreement with Terms & Conditions. DISCLAIMER The information provided is supplied by the seller and issued without responsibility on the part of the firm. It should not be relied upon as a statement of fact. Prospective purchasers must satisfy themselves regarding the accuracy of all statements. Neither the firm nor its employees have authority to make any representations or warranties in relation to this property.

Details

Real Estate: Lease
Employees (ppl): 3
Square m2: 107
Asking price: 120 000 gbp
Turnover (per year): 338 000 gbp
Rent (per year): 300 000 gbp

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